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BROKER RATINGS SUMMARY: Citi Downgrades Babcock To Sell From Neutral

Tue, 01st Dec 2015 09:36

LONDON (Alliance News) - The following shares received analyst recommendations Tuesday morning:
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FTSE 100
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LIBERUM INITIATES LAND SECURITIES WITH 'HOLD' - TARGET 1,158 PENCE
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LIBERUM INITIATES INTU PROPERTIES WITH 'HOLD' - TARGET 330 PENCE
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LIBERUM INITIATES HAMMERSON WITH 'BUY' - TARGET 704 PENCE
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LIBERUM INITIATES BRITISH LAND WITH 'HOLD' - TARGET 893 PENCE
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BARCLAYS CUTS SHELL PRICE TARGET TO 2750 (2850) PENCE - 'OVERWEIGHT'
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BARCLAYS RAISES BG GROUP PRICE TARGET TO 1600 (1350) PENCE - 'OVERWEIGHT'
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JEFFERIES RAISES IMPERIAL TOBACCO PRICE TARGET TO 3500 (3200) PENCE - 'HOLD'
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JEFFERIES CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 286 (315) PENCE - 'HOLD'
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EXANE BNP CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 260 (270)P - 'UNDERPERFORM'
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JPMORGAN CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 315 (330) PENCE - 'NEUTRAL'
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SOCGEN CUTS ABERDEEN ASSET MANAGEMENT PRICE TARGET TO 315 (410) PENCE - 'HOLD'
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S&P CAPITAL IQ CUTS ABERDEEN ASSET MANAGEMENT TO 'HOLD' ('BUY') - TARGET 340P
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NOMURA RAISES BT GROUP PRICE TARGET TO 525 (490) PENCE - 'NEUTRAL'
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CREDIT SUISSE CUTS CENTRICA PRICE TARGET TO 270 (300) PENCE - 'OUTPERFORM'
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NOMURA RAISES VODAFONE PRICE TARGET TO 250 (240) PENCE - 'BUY'
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HSBC RAISES SMITHS GROUP TO 'HOLD' ('REDUCE') - TARGET 1000 PENCE
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GOLDMAN RAISES G4S TO 'NEUTRAL' ('SELL') - TARGET 222 (260) PENCE
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GOLDMAN RAISES HAMMERSON TO 'BUY' ('NEUTRAL') - TARGET 770 (750) PENCE
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TRADERS: CITIGROUP CUTS BABCOCK TO 'SELL' ('NEUTRAL')
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FTSE 250
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TRADERS: MORGAN STANLEY CUTS GO-AHEAD TO 'EQUAL-WEIGHT' ('OVERWEIGHT')
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LIBERUM INITIATES UNITE GROUP WITH 'HOLD' - TARGET 675 PENCE
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LIBERUM INITIATES ST. MODWEN PROPERTIES WITH 'HOLD' - TARGET 460 PENCE
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LIBERUM INITIATES SEGRO PLC WITH 'BUY' - TARGET 487 PENCE
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LIBERUM INITIATES SAFESTORE WITH 'BUY' - TARGET 430 PENCE
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LIBERUM INITIATES LONDONMETRIC PROPERTY WITH 'HOLD' - TARGET 176 PENCE
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LIBERUM INITIATES GREAT PORTLAND WITH 'HOLD' - TARGET 822 PENCE
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LIBERUM INITIATES DERWENT LONDON WITH 'HOLD' - TARGET 3,918 PENCE
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LIBERUM INITIATES BIG YELLOW GROUP WITH 'HOLD' - TARGET 835 PENCE
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JEFFERIES RAISES TULLOW OIL PRICE TARGET TO 215 (191) PENCE - 'HOLD'
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JEFFERIES RAISES OPHIR ENERGY PRICE TARGET TO 105 (95) PENCE - 'HOLD'
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RBC CAPITAL RAISES TELECITY GROUP PRICE TARGET TO 1,230 (1,145) PENCE
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RBC CAPITAL CUTS TELECITY GROUP TO 'SECTOR PERFORM' ('OUTPERFORM')
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NOMURA CUTS SSP GROUP TO 'NEUTRAL' ('BUY') - TARGET 315 (298) PENCE
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DEUTSCHE BANK CUTS PLAYTECH PRICE TARGET TO 875 (1,000) PENCE - 'BUY'
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CREDIT SUISSE INITIATES PREMIER OIL WITH 'UNDERPERFORM' - TARGET 70 PENCE
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TRADERS: MORGAN STANLEY CUTS NATIONAL EXPRESS TO 'EQUAL-WEIGHT' ('OVERWEIGHT')
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HSBC CUTS WEIR GROUP TO 'REDUCE' ('HOLD') - TARGET 1000 (1300) PENCE
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HSBC CUTS VESUVIUS PRICE TARGET TO 400 (475) PENCE - 'BUY'
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HSBC CUTS SPECTRIS PRICE TARGET TO 2000 (2200) PENCE - 'BUY'
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HSBC RAISES IMI TO 'BUY' ('HOLD') - TARGET 1100 PENCE
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HSBC RAISES CRANSWICK PRICE TARGET TO 1885 (1865) PENCE - 'BUY'
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GOLDMAN CUTS PETROFAC PRICE TARGET TO 1,084 (1,186) PENCE
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GOLDMAN CUTS PETROFAC TO 'BUY' ('CONVICTION BUY LIST')
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GOLDMAN CUTS WOOD GROUP PRICE TARGET TO 639.60 (733.89) PENCE - 'NEUTRAL'
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GOLDMAN CUTS AMEC PRICE TARGET TO 617.20 (850.30) PENCE - 'BUY'
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TRADERS: LIBERUM INITIATES CAPITAL & COUNTIES WITH 'HOLD'
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BARCLAYS CUTS SSP GROUP TO 'EQUAL WEIGHT' ('OVERWEIGHT') - TARGET 300 (320)P
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Numis Raises Northgate To Buy From Hold, Price Target 560p
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MAIN MARKET AND AIM
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N+1 Cuts Gooch & Housego To Sell From Hold Ups Price Target To 830p From 790p
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JEFFERIES CUTS GENEL ENERGY PRICE TARGET TO 395 (466) PENCE - 'BUY'
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JPMORGAN CUTS DAILY MAIL PRICE TARGET TO 740 (840) PENCE - 'NEUTRAL'
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JPMORGAN CUTS STOCK SPIRITS TO 'NEUTRAL' ('OVERWEIGHT') - PT 140 (220) PENCE
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TRADERS: MACQUARIE INITIATES HASTINGS GROUP WITH 'UNDERPERFORM' - TARGET 156P
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

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10 Dec 2014 15:33

Gooch & Housego chief executive sells 0.5m shares

Gareth Jones, chief executive at Gooch & Housego, has pocketed £342,500 after selling 0.5m shares at 685p each at the fibre optic company. Jones, who now holds 0.45m shares, said last week in the group's full year report that it suffered "considerable foreign exchange headwinds". However, Gooch & H

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7 Oct 2014 09:45

Tuesday broker round-up UPDATE

African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc

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7 Oct 2014 08:14

Gooch & Housego Expects Full Year In Line, Boosted By Second Half

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26 Sep 2014 08:52

DIRECTOR DEALINGS: Gooch & Housego CEO Exercises Options, Sells Shares

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26 Aug 2014 08:19

Gooch & Housego Hires Optos Chief Operating Officer

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4 Aug 2014 08:18

Gooch & Housego Appoints New Chief Executive, Chairman

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10 Jun 2014 10:42

Gooch & Housego Half-Year Profit Boosted By Revenues; Raises Dividend

LONDON (Alliance News) - Gooch & Housego PLC Tuesday reported an increase in both profits and revenues for the first-half of its financial year, driven by a strong performance from its aerospace & defence and industrial divisions, as well as a boost from recent acquisitions. The company rai

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10 Jun 2014 09:45

Tuesday broker round-up UPDATE

ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add. BAE Systems: Investec downgrades from add to hold with a target price of 430p. BG Group: Exane downgrades to neu

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10 Jun 2014 07:45

Gooch & Housego profits rise despite challenging markets

- Half-year growth in difficult markets - Strong Aerospace & Defence and Industrial divisions - Confident of long-term growth Optical components maker Gooch & Housego said it delivered profitable growth and improving margins in less than buoyant market conditions. Adjusted pre-tax profit rose to £

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10 Jun 2014 07:39

Higher aerospace, defence demand drives Gooch & Housego's profit

* First-half adjusted pretax profit rises 34 pct * First-half turnover up 18.6 pct * Co raises interim dividend to 2.3 p/shr June 10 (Reuters) - Fibre-optic devices maker Gooch & Housego Plc on Tuesday reported a 34 percent jump in first-half profit, helped by an uptick in deman

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29 Apr 2014 11:21

Gooch & Housego COO Terry Scribbins To Retire

LONDON (Alliance News) - Gooch & Housego PLC Tuesday said Chief Operating Officer Terry Scribbins is retiring from company, with effect from the end of May. The manufacturer of optical components and systems said that is has been engaged in succession plans to replace Scribbins for several

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16 Apr 2014 13:43

Gooch & Housego receives government grant

Optical components maker Gooch & Housego has secured a grant from the UK government's Regional Growth Fund to further develop its Systems Technology Group (STG). The AIM-listed company, which was one of 37 businesses to be selected through a competitive process from 133 applications, has been grant

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16 Apr 2014 10:54

Gooch & Housego Secures Investment From UK Government

LONDON (Alliance News) - Gooch & Housego PLC Wednesday said that it has secured a GBP800,000 investment from the UK government's Regional Growth Fund, which it will use to invest in its business unit, Systems Technology Group. Gooch & Housego founded Systems Technology Group early last year

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8 Apr 2014 09:18

Tuesday broker round-up UPDATE

API Group: Numis lowers target price from 90p to 84p, while upgrading from add to buy. Cranswick: Investec increases target price from 1315p to 1390p retaining its buy recommendation. Daisy Group: FinnCap moves target price from 175p to 185p and retains a hold recommendation. DP World: Nomura rai

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7 Apr 2014 09:51

Gooch & Housego Ends First-Half In Line With Expectations

LONDON (Alliance News) - Gooch & Housego PLC Monday said that trading in the first-half of the year was in line with management expectations, supported by good customer engagement in its key markets and growth in its order book. In a trading update for the six months ended March 31, the man

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